All posts tagged MercadoLibre

E-commerce giant eBay is betting on Latin America’s fast-growing Internet use and adoption of online shopping by adding sites in local languages and currencies to boost its presence in the region.

EBay last week launched sites in Spanish for 18 Latin American countries, and Portuguese for Brazil. Before that, eBay users in the region were directed to a site in English, priced in dollars.

Just over two million of eBay’s 145 million active users world-wide are in Latin America, dwarfed by the region’s leading e-commerce site MercadoLibre, which reported nearly 104 million registered users and $1.8 billion of goods sold in the first quarter. EBay declined to disclose its sales in the region. Read More »